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Bill > HB4275


MI HB4275

MI HB4275
Natural resources: other; acquisition of mineral rights by certain foreign entities; prohibit. Creates new act. TIE BAR WITH: HB 4274'25


summary

Introduced
03/20/2025
In Committee
03/20/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to prohibit the ownership of mineral rights by certain foreign entities and to provide for penalties.

AI Summary

This bill, known as the "Mineral Rights Protection Act," prohibits certain foreign entities from acquiring mineral rights in Michigan. The bill defines a "disqualified person" as a foreign entity of concern, which is based on a federal definition, including entities created or controlled by specific countries, or citizens of such countries. "Mineral rights" are defined as ownership rights related to extracting minerals like oil, gas, coal, and other metallic or nonmetallic substances. Under this legislation, any disqualified entity is banned from directly or indirectly acquiring mineral rights within the state after the bill's effective date. Violations of this act would result in significant penalties, including a misdemeanor charge with a potential fine of up to $1,000,000 and the possibility of seizure and forfeiture of illegally acquired mineral rights. The attorney general would have the authority to prosecute such violations. The bill is set to take effect 90 days after enactment and is contingent on the passage of a related House Bill (HB 4274). The legislation appears aimed at preventing foreign entities, particularly those from countries of strategic concern, from gaining control of Michigan's mineral resources.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Bill Electronically Reproduced 03/20/2025 (on 03/25/2025)

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